I was misinformed
Recycles dryer sheets
- Joined
- Jun 14, 2015
- Messages
- 106
Top Japanese political leaders including vice Prime Minister Aso have recently expressed some rather extreme views suggesting old folks have no business living so long and hanging onto their money:
In fresh shot at elderly, Aso asks: 'How much longer do you intend to keep living?' | The Japan Times
The implications of such thinking could be enormous. No doubt these views resonate with elements of US political leadership (I recall 25 years ago John Silber, a prominent candidate for Massachusetts governor, made similar comments). As it becomes clearer (perhaps) that our basic economic problem is lack of demand, I wonder if there could be some real policy proposals (beyond say confiscation of retirement assets) that could encourage spending of retirement assets? Does any of this make macroeconomic sense?
In fresh shot at elderly, Aso asks: 'How much longer do you intend to keep living?' | The Japan Times
The implications of such thinking could be enormous. No doubt these views resonate with elements of US political leadership (I recall 25 years ago John Silber, a prominent candidate for Massachusetts governor, made similar comments). As it becomes clearer (perhaps) that our basic economic problem is lack of demand, I wonder if there could be some real policy proposals (beyond say confiscation of retirement assets) that could encourage spending of retirement assets? Does any of this make macroeconomic sense?
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